Bolsonaro, who will be sworn in on January 1, defeated former Sao Paulo Mayor Fernando Haddad in a runoff election held Sunday. However, Bosch's CEO in Brazil, Wolfram Anders, sees the positive stock market move as speculative, not sustainable. "There's always someone shouting from a vehicle, 'You are all going to die now, '" she said.
Although his campaign coalition was called "God above all" (Deus acima de todos), The Catholic Agency For Overseas Development (CAFOD) said Bolsonaro's policies will persecute the social movements that protect environmental defenders.
But to many, Bolsonaro's most concerning trait is a lack of concern about Brazil's nascent political checks and balances, implemented in the late 1980's as the country tried to shake off two decades of military rule.
He's also lauded the Brazilian people for conducting a successful election.
Brazil's democratic institutions have proven stable, many said, downplaying Mr. Bolsonaro's ability to undermine these institutions. Bolsonaro relied on the support of evangelical groups in the run-up to the election.
However, years from now, Brazilian pollsters, like the political pundits baffled by Mr. Trump's win, will be asking how a presidential candidate such as Mr. Bolsonaro, who also openly professed his love of dictatorships, could not only find acceptance but soar meteorically in its domestic politics.
On Thursday, Bolsonaro is due to meet with crusading anti-corruption judge Sergio Moro, who led the so-called "Car Wash" probe snaring big names in Brazil's political class and opening the door for Bolsonaro's tough-on-corruption campaign.
Juntas, or Together, won a seat in the legislature of the northeastern state of Pernambuco on October 7.
"We don't believe that half of Brazil's population is fascist", Carol Vergolino, a member of the Juntas collective, told NBC News.
The former army captain huddled with his inner circle at the home of a wealthy backer in Rio de Janeiro to start forming what advisor Gustavo Bebianno called "a combat vanguard" for the new administration.
One of the key polarizing issues concerned educational materials about gender identity that were proposed for classrooms.
"We need a minister with a specific role, not linked to the economy ministry, which worries more about revenues and public finances", it said.
"They follow the wave that looks like salvation, but really it's the brink of collapse", she said, claiming Bolsonaro's plans will likely worsen crime, violence and inequality.
With Bolsonaro like Trump holding the global body in low esteem, it is unlikely he will prioritize the Security Council, Velasco said.